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French Lawmakers to Debate LFI Plan to Nationalize ArcelorMittal as RN Files 279 Amendments

Backers cast the temporary takeover as a way to protect steel jobs following the company's layoff plan.

Overview

  • The bill reaches the National Assembly floor on 27 November during LFI’s parliamentary niche, after adoption by the Finance Committee on 19 November.
  • RN submitted 195 amendments and its UDR ally 84, with many near-duplicates that could push debate past midnight and prevent a final vote within the allotted time.
  • RN deputies defend the deluge as payback for previous maneuvers by LFI and have hinted they could let a vote occur, with abstention still on the table.
  • The left’s groups—LFI, socialists, communists and ecologists—support the measure, while right and center parties oppose it.
  • Supporters cite reported €1.2 billion in profits at French sites from 2021 to 2023 and a plan for about 636 job cuts, arguments echoed by union figures including the CGT.